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Precise Critical Exponents for the Basic Contact Process

We calculated some of the critical exponents of the directed percolation universality class through exact numerical diagonalisations of the master operator of the one-dimensional basic contact process. Perusal of the power method together with finite-size scaling allowed us to achieve a high degree of accuracy in our estimates with relatively little computational effort. A simple reasoning leading to the appropriate choice of the microscopic time scale for time-dependent simulations of Markov chains within the so called quantum chain formulation is discussed. Our approach is applicable to any stochastic process with a finite number of absorbing states.